13 March 2024 | 19 replies
I know of a guy here in the greater Seattle area that might be able to advise or at least get you in touch with someone locally that is reputable.The key here, IMHO (and I am not an attorney or anything), is to keep everything stabilized.

13 March 2024 | 14 replies
I would advise consulting a lawyer or tax professional specializing in real estate LLCs for this.

15 March 2024 | 167 replies
My advise to out of town investors has always been to diversify.

13 March 2024 | 2 replies
Having a prior claim within the last 24-36 months is a red flag / non-starter for many carriers at the moment especially for water leaks.I advise all my clients do not play go fish with the insurance companies right now unless you 1.

11 March 2024 | 2 replies
What are a few pointers you would give a brand new investor who wants to utilize PML?
13 March 2024 | 15 replies
I've been in REI a long time and have seen the good, the bad, and the ugly, but $60k of damage from one tenant indicates gross negligence on the part of the property manager.I'd suggest three things: 1) Study the contract you have with the PM company, and talk with your attorney ASAP to see whether a lawsuit is feasible/advisable, 2) Get at least three bids from other contractors on the repairs (and before you hire any contractors, study up thoroughly on how to properly vet and manage contractors--there's plenty of info about this on BP) 3) Don't do any more business with the PM company (or any contractors they refer), and keep them at arm's length while you discuss your legal options with your attorney.

12 March 2024 | 8 replies
@Rena Figures if you only want to put down 3.5% down payment, then I strongly advise setting up an LLC and incorporating 4-5 other like minded individuals that have the same goal.

12 March 2024 | 8 replies
I’d like to connect if you have some recommendations and/or more advise.

12 March 2024 | 7 replies
Looking for real estate focused tax advisors for new investors, someone who will take time to explain and advise benefits, best practices and any areas of concern in real estate investing based on our current financial portfolio.

12 March 2024 | 22 replies
Law enforcement has advised that this could escalate into a dangerous situation, given the occupant's troubled history and strong resistance.I've exhausted all forms of communication, including texts, emails, and physical letters, but to no avail.